REG, which won an earlier bid to supply biodiesel for emissions testing in the unit, emerged as winning bidder from among eight companies seeking to fill the two-year contract. The new two-year agreement with Hawaiian Electric Company calls for REG to supply high quality biodiesel processed from used cooking oil, known as yellow grease, and waste animal fat.

The contract has been submitted to the Hawaii Public Utilities Commission for approval. Delivery of the biodiesel could begin within about four months of PUC approval.
 
“Utilizing biodiesel as a source for electric power generation is a sustainable, efficient, clean burning alternative,” said Jeff Stroburg, REG's chairman and CEO. “According to the U.S. Energy Information Administration, more than 600 million gallons of foreign petroleum are burned each year for electric power generation. Using biodiesel helps HECO, their neighbors and the entire power generation industry breathe better.  The state is to be commended for its leadership in creating a model for other utility companies across the country to follow.”